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BOOMERNET Chronicle: 1974

1974

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U.S. Facts

  • President: Richard M. Nixon
  • Population: 213,853,928
  • Life Expectancy: 72.0 years
  • Unemployment: 5.6%
  • Average Annual Salary: $14,711
  • Minimum Wage: $2.00 per hour

What Things Cost

  • Automobile: $4,440
  • Gasoline: $0.53 cents per gallon
  • House: $38,900
  • Bread: $0.28 cents per loaf
  • Milk: $1.39 per gallon
  • Postage Stamp: $0.10

Major U.S. Events

  • Richard M. Nixon announces he will resign
  • Vice President Gerald R. Ford of Michigan is sworn in as 38th President of the U.S. Ford then grants "full, free, and absolute pardon" to ex-President Nixon

Major World Events

  • Encouraged by Chairman Mao Zedong, the Cultural Revolution begins in China
  • OPEC ends the oil embargo begun in 1973 during the Yom Kippur Warv

January-March

  • Seven are indicted for their role in the Watergate break-in and charged with conspiracy to obstruct justice
  • Charles de Gaulle Airport opens in Paris, Francev

April-July

  • The Super Outbreak, the largest series of tornadoes in history, hits 13 U.S. states & one Canadian province. By the time the last of 148tornadoes hit early the following morning, 315 died and over 5,000 were injured
  • Last Americans evacuated from Saigon

August-December

  • The United Nations General Assembly grants the Palestine Liberation Organization observer status
  • The Prevention of Terrorism Act is passed in the United Kingdom

Top Songs

  • The Joker by Steve Miller Band
  • Bennie And The Jets by Elton John
  • Sweet Home Alabama by Lynyrd Skynyrd
  • Piano Man by Billy Joel
  • Dancing Machine by Jackson 5

Other New Songs

  • Some Kind Of Wonderful by The Grand Funk
  • Takin Care Of Business by Bachman Turner Overdrive
  • Cat's In The Cradle by Harry Chapin
  • The Way We Were by Barbara Streisand
  • The Loco-Motion by The Grand Funk

Top Movies

  • The Godfather Part II
  • Alice Doesn't Live Here Anymore
  • Murder on the Orient Express
  • Blazing Saddles
  • Young Frankenstein

Top Books

  • Zen and the Art of Motorcycle Maintenance by Robert M. Pirsig
  • Pilgrim at Tinker Creek by Annie Dillard
  • Carrie by Stephen King
  • Enormous Changes at the Last Minute by Grace Paley
  • The Dogs of War by Frederick Forsyth

Top TV Shows (1973-74)

  • All in the Family
  • The Waltons
  • Hawaii Five-O
  • M*A*S*H
  • The Sonny and Cher Comedy Hour
  • Mary Tyler Moore Show

Major League Baseball: World Series

  • Oakland Athletics d. Los Angeles Dodgers

Pro Football: Championship

  • Super Bowl: Miami Dolphins d. Minnesota Vikings

Ice Hockey: Stanley Cup

  • Philadelphia Flyers d. Buffalo Sabres

Pro Basketball: Championship

  • Boston Celtics d. Milwaukee Bucks

NCAA Champions

  • Football: University of Southern California Trojans
  • Basketball: North Carolina State University Wolfpack

Other Champions

  • Boxing: wins heavyweight title
  • Golf: Johnny Miller is PGA player of the year
  • Tennis: Jimmy Connors and Ken Rosewall win the U.S. Open
  • Horse Racing: Cannonade wins Kentucky Derby
  • Auto Racing: Johnny Rutherford wins Indianapolis 500
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